Holding(s) in Company

RNS Number : 1284B

Petra Diamonds Ld

12 August 2008

 



12 August 2008

AIM: PDL

Petra Diamonds Limited 

('the Company')

Significant Shareholding

On 11 August 2008 the Company was notified that following recent purchases Saad Investments Company Limited now holds 56,540,392 ordinary shares in the Company representing approximately 30.73% of the Company's ordinary issued share capital.

For further information, please contact:

Cathy Malins	Telephone: [phone]
Petra Diamonds, London	[e-mail]

Adrian Hadden	Telephone: [phone]
Collins Stewart, London

Or please visit Petra Diamonds at         www.petradiamonds.com

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Notes to Editors:

Petra Diamonds Limited is a Bermuda registered company and as such is not subject to the Takeover Code and accordingly there is no obligation for a mandatory offer under Rule of the Takeover Code by any shareholder increasing their holding above 30% of the Company's issued share capital.

 

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